IOTA FAQ

Basics

These instructions apply to the GUI Desktop wallet. Other wallet may require different steps to be followed.

1. Click 'HISTORY'.

2. Click 'Show Bundle' on the 'pending' transaction.

3. Click 'REATTACH'.

4. Click 'REBROADCAST'. (optional, usually not required)

5. Wait for 1 hour.

6. If still 'pending', repeat steps 1-5 once more.

IOTA's current Tangle implementation (IOTA is in constant development, so this may change in the future) has a confirmation rate that is ~66% at first attempt.

So, if a transaction does not confirm within 1 hour, it is necessary to "reattach" (also known as "replay") the transaction one time. Doing so one time increases probability of confirmation from ~66% to ~89%.

Repeating the process a second time increases the probability from ~89% to ~99.9%.

Markets

IOTA became traded on a semi-automated trusted escrow-based exchange (YDX) in 2017. In 2016, it was limited to OTC trading on the BitcoinTalk forum, and such. A history of price, starting from the YDX era, can be found here.